L-7 Jabbertown Rd Southport, NC 28461
This exceptional 7.87-acre parcel presents a unique investment opportunity in the desirable Southport, North Carolina area. Located at L-7 Jabbertown Rd, Brunswick County, zip code 28461, this property is zoned R-60, making it ideal for residential development. The land boasts a convenient location just outside Southport's city limits, offering a blend of suburban tranquility and easy access to the city's amenities, area beaches, and waterfront attractions. Extensive preliminary work has already been completed, including a site and soil evaluation and a wetland delineation. This significantly reduces the time and cost associated with initial development phases. The property's size provides ample space for a variety of residential projects, from a custom community to individual homes, catering to the growing demand for housing in this sought-after location. The APN is 221LA01501, and the property is offered for sale by the owner, LEE SHORE HOLDINGS LLC, at an asking price of $968,000. This is a rare chance to acquire a substantial tract of land with significant development potential in a thriving coastal community. The property's strategic location and completed preliminary studies make it an attractive proposition for builders, developers, and investors alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.